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Jan 1, 2013
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as early morning deal is reached in the senate on the fiscal cliff. plus, the u.s. still poised to go over the edge. i don't know why we keep saying while you were sleeping. do we think anybody was sleeping? 2013 is officially rung in as of now we have no word on what the house of representatives will do. but as we wait, we'll walk you through the bill's details and tell you the impact that it has on you. >> and secretary of state hillary clinton waking up this morning in a new york city hospital. doctors say she's making excellent progress. we're going to have the very latest on the secretary of state's condition. >>> welcome back to "early start" i'm ali velshi. >> christine romans. >> and i'm john berman. we're having a great time here. there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after
as early morning deal is reached in the senate on the fiscal cliff. plus, the u.s. still poised to go over the edge. i don't know why we keep saying while you were sleeping. do we think anybody was sleeping? 2013 is officially rung in as of now we have no word on what the house of representatives will do. but as we wait, we'll walk you through the bill's details and tell you the impact that it has on you. >> and secretary of state hillary clinton waking up this morning in a new york city...
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Dec 5, 2012
12/12
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president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless but guess what, not homeless. city officials say jeffrey hillman does have stable housing, an parm in the bronx. they say he's lived there rent-free for the past three years. but hillman regularly panhandles in times square. >> a former boy scout who says he was sexually abused is suing is the boy scouts of america. the lawsuit claims his former troop leader, thomas hacker was barred from the group in indiana in the 1970s but was able to rejoin as a volunteer in illinois in the 1980s. hacker was arrested in 1988, later convicted in the aggravated sexual assault of an
president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless...
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Dec 14, 2012
12/12
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everybody in the eastern congo gets up and they're falling off the fiscal cliff every morning when they get out of bed trying to figure out if they can feed their child living on $1 a day or half a dollar a day. so i think it's all relative. and the world doesn't end. and i'm not even sure that going off the cliff isn't the slap in the face we need to say, folks, we need to do better. >> would you be happy to pay more tax? >> i don't think you have to pay more tax. i tell you what i think it amounts to. when my dad started talking about this i started paying attention to what tax i paid. i'm in the 35% tax bracket. but i went back and figured it out -- i should say my wife went back and figured it out, she did >> thanks for having us. >> yes. >> how difficult has it been for you, damien? >> it was incredibly difficult. you know, i really didn't even have an idea how difficult it was going to be. for the first at least three months that i was out, i was in a state of extreme shock and trauma. i couldn't do anything by myself or for myself. i needed someone with me constantly. i just -- i
everybody in the eastern congo gets up and they're falling off the fiscal cliff every morning when they get out of bed trying to figure out if they can feed their child living on $1 a day or half a dollar a day. so i think it's all relative. and the world doesn't end. and i'm not even sure that going off the cliff isn't the slap in the face we need to say, folks, we need to do better. >> would you be happy to pay more tax? >> i don't think you have to pay more tax. i tell you what i...
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Dec 27, 2012
12/12
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the top headline on politico this morning, fiscal cliff deal increasingly unlikely. jonathan, really? >> i think there's a lot of pessimism here in washington. you've got, as you pointed out, five days left. i think the real indicator here is that none of these parties are moving off their position. the senate democrats, the house republicans, the white house. there hasn't been any reason for folks to look at what's going on and say, oh, i see where a deal could be coming together. so what you've got is what's described in economic game theory is where everyone has decided on their strategy, looked at the strategies of the oar players and figuring that their optable strategy is to go over the cliff and pick up the pieces later. >> and basically fight for which party is going to get the most blame in the meantime, right? >> that's right. this is a finger-pointing exercise. everyone is sort of putting together their best case for why the other guy is at fault. you know, the possible exception here, drew, is if the senate can pass something, a scaled-back version of the
the top headline on politico this morning, fiscal cliff deal increasingly unlikely. jonathan, really? >> i think there's a lot of pessimism here in washington. you've got, as you pointed out, five days left. i think the real indicator here is that none of these parties are moving off their position. the senate democrats, the house republicans, the white house. there hasn't been any reason for folks to look at what's going on and say, oh, i see where a deal could be coming together. so...
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Jan 1, 2013
01/13
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earlier this morning, the senate passed a plan to fend off the fiscal cliff. the deal was crafted by vice president joe biden and the senate minority leader mitch mcconnell. the senate vote was overwhelming, 89-8. that say big vote these days. and the senarepublican controll house left well before midnight, they have to take up the matter today. >> our most important priority is protecting middle class families. this legislation does that. >> this shouldn't be the model for how we do things around here, but i think we've done some good for the country. >> this is what the deal means for you and your family. bush era tax cuts extended for individuals earning less than $400,000 a year, and couples earning less than $450,000. unemployment benefits extended for a year for 2 million americans and a permanent adjustment for inflation, for the alternative minimum tax. a pretty big deal. wondering about spending cuts, keep wondering, lawmakers deferred. they will fight over those cuts over the next two months, probably again and again and again. despite the progress o
earlier this morning, the senate passed a plan to fend off the fiscal cliff. the deal was crafted by vice president joe biden and the senate minority leader mitch mcconnell. the senate vote was overwhelming, 89-8. that say big vote these days. and the senarepublican controll house left well before midnight, they have to take up the matter today. >> our most important priority is protecting middle class families. this legislation does that. >> this shouldn't be the model for how we...
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Jan 1, 2013
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an early morning deal reached on the fiscal cliff. the u.s. still poised to go over that cliff. >> and as it is sun rises on 2013, we are still waiting for the house to act. that, by the way is not congress. we'll walk you through the bill's details and tell you the impact it will have on you. >>> all right. members of congress never that pretty. >>> secretary of state clinton waking up in a new york city hospital. making excellent progress. we'll have the latest on her condition. >> welcome to "early start." i am ali velshi. >> i am christine romans. >> and quite a lot to talk about. through this morning, the senate passed a plan to fend off the fiscal cliff. but now it's up to the house of representatives to follow suit. just after 2:00 eastern time this morning, the senate overwhelmingly passed a plan that was crafted by the vice president and the senate minority leader, mitch mcconnell. vote? 89-8. the republican controlled house left well before midnight last night, so they will are to take up the measure today. >> i said all along, the m
an early morning deal reached on the fiscal cliff. the u.s. still poised to go over that cliff. >> and as it is sun rises on 2013, we are still waiting for the house to act. that, by the way is not congress. we'll walk you through the bill's details and tell you the impact it will have on you. >>> all right. members of congress never that pretty. >>> secretary of state clinton waking up in a new york city hospital. making excellent progress. we'll have the latest on her...
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Nov 27, 2012
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new this morning, a warning on the fiscal cliff and a downgrade of expectations for u.s. economic growth. the organization for economic cooperation and development cut its forecast for the u.s. economy for this year and next year, and on fiscal cliff negotiations, the oecd said, quote, diseaecisive policy actis needed to ensure that stalemates over fiscal policy in the united states and continuing euro area instability do not plunge the world back into recession. plunge back into recession the whole world, a very bad, bad idea. >> a lot of menacing terms there. fiscal cliff a menacing term here. now we know we are just under 35 days away before we fall off that cliff. which could lead to deep spending cuts. want to bring in republican senator pat toomey from pennsylvania. he was a member of the deficit reduction super committee last year that failed to agree on a plan. but he's been talking about this issue for a long, long time. good morning, senator. >> good morning. >> we just learned that president obama will be traveling to your backyard on friday to talk about the f
new this morning, a warning on the fiscal cliff and a downgrade of expectations for u.s. economic growth. the organization for economic cooperation and development cut its forecast for the u.s. economy for this year and next year, and on fiscal cliff negotiations, the oecd said, quote, diseaecisive policy actis needed to ensure that stalemates over fiscal policy in the united states and continuing euro area instability do not plunge the world back into recession. plunge back into recession the...
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Dec 14, 2012
12/12
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everybody in the eastern congo gets up and they're falling off the fiscal cliff every morning when they get out of bed trying to figure out if they can feed their child living on $1 a day or half a dollar a day. so i think it's all relative. and the world doesn't end. and i'm not even sure that going off the cliff isn't the slap in the face we need to say, folks, we need to do better. >> would you be happy to pay more tax? >> i don't think you have to pay more tax. i tell you what i think it amounts to. when my dad started talking about this i started paying attention to what tax i paid. i'm in the 35% tax bracket. but i went back and figured it out -- i should say my wife went back and figured it out, she did all the work. you know what, we paid just under 24% on an average across the five years. i think if people paid what they are supposed to pay within the tax bracket, you don't have to raise taxes. >> final question, what on earth do you buy warren buffett for christmas? >> now you've put me on the spot. you know, i think -- >> do you go big, do you go small? >> you go with any ide
everybody in the eastern congo gets up and they're falling off the fiscal cliff every morning when they get out of bed trying to figure out if they can feed their child living on $1 a day or half a dollar a day. so i think it's all relative. and the world doesn't end. and i'm not even sure that going off the cliff isn't the slap in the face we need to say, folks, we need to do better. >> would you be happy to pay more tax? >> i don't think you have to pay more tax. i tell you what i...
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Aug 26, 2012
08/12
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. >> well, we do pay a fair amount to the debt as well and we did a segment on the fiscal cliff this morning and this is in the news and i wanted to ask you about it, but i wanted to ask you about how the platforms came to be and what was most contentious for the platform committee? >> candidly, i don't think that there was an issue that was most contentious, and it is actually very proud process in democracy. you had over 3,000 e-mails sent in requesting changes. from the first time i saw a draft of the platform to when we went to tampa a week ago there were significant changes and improvements. and during the process of the 112 members of the platform committee and several hundred proposed amendments and many of them passed so that the big thing about e platform is that candidly how democratic it is. how folks from throughout the country and the territories have an option to write down changes and get a full vote. there isn't any proposed amendment that doesn't get hearing. no one is prescreening or saying that is too controversial. everything got a vote. and yes, a couple of shish
. >> well, we do pay a fair amount to the debt as well and we did a segment on the fiscal cliff this morning and this is in the news and i wanted to ask you about it, but i wanted to ask you about how the platforms came to be and what was most contentious for the platform committee? >> candidly, i don't think that there was an issue that was most contentious, and it is actually very proud process in democracy. you had over 3,000 e-mails sent in requesting changes. from the first...
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Dec 29, 2012
12/12
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tick tock, we're three days away from possibly going off the fiscal cliff. it's our focus this morning. if lawmakers fail to reach a deal, that would mean spending cuts and tax hikes for 88% of all american households on tuesday. look at the number from the tax policy center. these numbers are interesting. some of the poorest americans who make up to $20,000 a year will have to shell out about $412 more to the irs, and everyone earning more than $40,000 a year will be affected. if you make $40,000 to $64,000 a year, you'll pay almost $2,000 more a year, and if you make a little more between $64,000 to $108,000, that number jumps to $3,500. and anyone making more than $108,000, you'll have to give up more than $14,000. overall, the average american will pay more than $3,500 a year. the question needs to be asked here, will lawmakers be able to pull off a new deal before the new year? the managing director joins me now live from miami. you, dylan, were part of the bush administration a little more than a decade ago, which actually initiated this series of tax
tick tock, we're three days away from possibly going off the fiscal cliff. it's our focus this morning. if lawmakers fail to reach a deal, that would mean spending cuts and tax hikes for 88% of all american households on tuesday. look at the number from the tax policy center. these numbers are interesting. some of the poorest americans who make up to $20,000 a year will have to shell out about $412 more to the irs, and everyone earning more than $40,000 a year will be affected. if you make...
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Dec 13, 2012
12/12
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oh, my goodness. >>> let's continue to talk about the fiscal cliff this morning because negotiations we know are stalled, and there's a new poll from nbc news, "the wall street journal" 67% of americans said they would accept a compromise on one or both of the biggest sticking points, increased taxes, cuts in spending. public leaders say government overspending is the root of our problems. our next guest says a collaboration between government and private industry would move the nation forward. "doing capitalism in the innovation economy" ranked among 2012's best books by the financial times. people talk about an innovation economy. what does that mean? >> i mean the processes by which through trial and error we discover new technologies, research is alied, and then the stuff that really matters is built out into the kind of networks from the canals to the railroads to the highway system, the electricity grid and the internet that transform the market economy and then finally there's a process again, trial and error, of exploring what this new stuff is good for. the point is that thi
oh, my goodness. >>> let's continue to talk about the fiscal cliff this morning because negotiations we know are stalled, and there's a new poll from nbc news, "the wall street journal" 67% of americans said they would accept a compromise on one or both of the biggest sticking points, increased taxes, cuts in spending. public leaders say government overspending is the root of our problems. our next guest says a collaboration between government and private industry would move...
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Nov 26, 2012
11/12
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get the blue. >>> this morning, you're just 35 days away from the fiscal cliff. what it means for your money, and the country's money, straight ahead. >>> confetti filled with social security numbers? that's what dropped from the sky during a major thanksgiving day parade. >> crazy. >>> and remember this picture of a woman caught riding on the back of a manatee? well, we've now learned she's been arrested. welcome back, everyone, i'm john berman. >> and i'm zoraida sambolin. it is 30 minutes past the hour. and just 35 days left until we reach the fiscal cliff. a lame duck congress heads back to capitol hill beginning this afternoon. we're seeing a hint of compromise in the air. several key republican senators signaling that they are willing to consider breaking their no tax vows to get a budget plan passed. according to a new cnn/orc poll, that's exactly what you want to hear. 67% say a mix of tax hikes and spending cuts is the best way to avoid a fiscal cliff crisis. cnn political editor paul steinhauser, he is live in washington for us this morning. nice to see
get the blue. >>> this morning, you're just 35 days away from the fiscal cliff. what it means for your money, and the country's money, straight ahead. >>> confetti filled with social security numbers? that's what dropped from the sky during a major thanksgiving day parade. >> crazy. >>> and remember this picture of a woman caught riding on the back of a manatee? well, we've now learned she's been arrested. welcome back, everyone, i'm john berman. >> and...
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Jan 1, 2013
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we begin with this morning's fiscal cliff and the drama that now shifts to the house. overnight the senate overwhelmingly passed a compromised measure. it it delays the spending cuts that could have plunged the nation back into a recession. for most americans, taxes would stay the same r for almost everyone but top earners. but the measure is now up to the house. lawmakers take up the matter in two hours and could vote later today. and republican leaders in the house aren't making any promises that it will pass. this morning both parties say more work needs to be done. >> i'm disappointed that we weren't able to make the grand bargain as we have tried to do for so long, but we tried. if we do nothing, the threat of recession is very real. >> we have done some good for the country. we have taken care of the revenue side of this debate. and now it's time to get serious about reducing washington's out of control spending. that's a debate the american people want and it's the debate we'll have next and it's a debate republicans are ready for. >> we're covering all the angl
we begin with this morning's fiscal cliff and the drama that now shifts to the house. overnight the senate overwhelmingly passed a compromised measure. it it delays the spending cuts that could have plunged the nation back into a recession. for most americans, taxes would stay the same r for almost everyone but top earners. but the measure is now up to the house. lawmakers take up the matter in two hours and could vote later today. and republican leaders in the house aren't making any promises...
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Jan 2, 2013
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. >> good morning, happening in "the newsroom" dodging the fiscal cliff crisis for now. with all of the talk about spending less why are lawmakers giving billions to businesses that are already thriving? we'll show you who is cashing in. >>> party crashers, republicans split over the tax deal and the core values of the gop and that strained unity faces a bigger test as a new deadline looms over spending cuts. >>> while the gop licks its wounds, wall street gets ready to celebrate. u.s. stocks set to open higher as markets around the world trade higher on the deal. >>> and they told us to basically drop dead. that's how one new yorker is reportedly characterizing the house after ending the session without sending any sandy relief to the northeast. >> everybody played by the rules, except tonight, when the rug was pulled out from under us, inexcusable, indefensible. >> "newsroom" starts right now. good morning, i'm victor blackwell sitting in for carol costello. 11th hour drama, congress swerves away from the dreaded fiscal cliff, but on this morning after the enthusiasm i
. >> good morning, happening in "the newsroom" dodging the fiscal cliff crisis for now. with all of the talk about spending less why are lawmakers giving billions to businesses that are already thriving? we'll show you who is cashing in. >>> party crashers, republicans split over the tax deal and the core values of the gop and that strained unity faces a bigger test as a new deadline looms over spending cuts. >>> while the gop licks its wounds, wall street gets...
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Dec 28, 2012
12/12
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minding your business this morning, the impending fiscal cliff creating plenty of jitters on wall street despite the fact that congressional leaders are meeting with the president today to try to hammer out a last-minute deal. the dow, nasdaq and s&p 500 futures all pointing lower this hour signaling a potential selloff at the opening bell. not just the fiscal cliff with the potential threat to the economy, thousands of dockworkers from maine to texas could go on strike within days if their union can't reach a deal with major shipping companies. these are the workers who move goods from the nation's ports to the stores. >> everybody from your mom and pop retailer to your farmer, to the trucking company who has go in and pick up the containers at the ports. this will be felt not just at the local economy, but nationwide for everybody else who relies on these ports. >> one port official says east and gulf coast ports handle about $55 billion worth of cargo a month so a strike could have a major effect on the retail business. >>> land lines not going the way of the vcr just yet. older ameri
minding your business this morning, the impending fiscal cliff creating plenty of jitters on wall street despite the fact that congressional leaders are meeting with the president today to try to hammer out a last-minute deal. the dow, nasdaq and s&p 500 futures all pointing lower this hour signaling a potential selloff at the opening bell. not just the fiscal cliff with the potential threat to the economy, thousands of dockworkers from maine to texas could go on strike within days if their...
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Nov 8, 2012
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we'll be talk about the fiscal cliff. >> correct. >> so do you feel that there is a mood now? that the makeup of the house and the senate are essentially the same as they were before the election? can you have a compromise? >> yes. >> there was a gap before you said yes. that scares me. >> it's still hard. because we still have such a different -- we have the same goal, but we have such different ways of believing that we can solve this problem. and it's sincere. it is really sincere on the part of republicans who don't believe tax increases are the right thing and this kind of economic dismal environment. and then there are democrats who say, you've got to raise taxes or we're not going to ever be able to close the gap. you can't close the gap with taxes. you have to close the gap with spending reform, tax reform. you have to look at the whole system. we cannot keep spending like there was no tomorrow. >> we're going to keep talking about this throughout the morning. and christine is knee deep in fiscal cliff, so she'll be sticking around as well and john too. thank you for t
we'll be talk about the fiscal cliff. >> correct. >> so do you feel that there is a mood now? that the makeup of the house and the senate are essentially the same as they were before the election? can you have a compromise? >> yes. >> there was a gap before you said yes. that scares me. >> it's still hard. because we still have such a different -- we have the same goal, but we have such different ways of believing that we can solve this problem. and it's sincere....
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Nov 9, 2012
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our "starting point" this morning. approaching the fiscal cliff. president obama will give his first major speech today since his re-election. and it's all about the economy. will we see a compromise soon? this as the president fights away tears as he thanks his campaign team. listen. >> i'm really proud of you. and
our "starting point" this morning. approaching the fiscal cliff. president obama will give his first major speech today since his re-election. and it's all about the economy. will we see a compromise soon? this as the president fights away tears as he thanks his campaign team. listen. >> i'm really proud of you. and
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Jan 2, 2013
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congress finally comes together and passes a late night fiscal cliff deal. this morning we have the winners and losers for you. >>> delicate condition. that's the word on hugo chavez's health this morning. their people told to pray for their president. >>> sure, why not. thousands take an icy plunge all for a good cause. have you ever done that? >> never. i've considered it. >> on the list of things i will never do. >> good morning, everyone. welcome to "early start." john berman will stop by later. it is 5:00 a.m. in the east. >> up first, back from the bottom of the fiscal cliff, at least for now, millions of taxpayers and small business owners can exhale this morning sort of because late last night, the house passed a senate bill that temporarily brings you us back from the brink. the final tally, 257 for, 167 defense. it's interesting to note that while some top house republicans voted no, speaker john boehner voted yes. and here's what the deal means for you. no tax hikes for couples earning less than $450,000 a year. itemized deductions capped for coup
congress finally comes together and passes a late night fiscal cliff deal. this morning we have the winners and losers for you. >>> delicate condition. that's the word on hugo chavez's health this morning. their people told to pray for their president. >>> sure, why not. thousands take an icy plunge all for a good cause. have you ever done that? >> never. i've considered it. >> on the list of things i will never do. >> good morning, everyone. welcome to...
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Dec 29, 2012
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possibly crosses over the fiscal cliff, that's our focus this morning, and if lawmakers fail to reach a deal, that would mean spending cuts and tax hikes for 88% of all american households come tuesday. nvk, most americans will shell out and average's $3,500 a year in extra taxes but the ripple effect of the cliff won't just stop at taxes. some fear banks will tighten up on consumer lending, meaning you might not be able to get the new loan for a car or a home. with me now is sheila bair, the former chairman of the fdic and author of the new book "take the bullhe horns." thanks for coming on with me. >> thanks for having me. >> president obama met with top party leaders friday saying he was moderately optimistic. with your washington negotiation experience, where do you really think they are in the process? are you really any closer to a deal, or is this just more posturing? >> i think this whole mess is really embarrassing spectacle. this should have been resolved long ago, and i do think, actually, they are going to get a deal, but i think it will be more along the lines of kicking
possibly crosses over the fiscal cliff, that's our focus this morning, and if lawmakers fail to reach a deal, that would mean spending cuts and tax hikes for 88% of all american households come tuesday. nvk, most americans will shell out and average's $3,500 a year in extra taxes but the ripple effect of the cliff won't just stop at taxes. some fear banks will tighten up on consumer lending, meaning you might not be able to get the new loan for a car or a home. with me now is sheila bair, the...
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Nov 12, 2012
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good morning to you. >> good morning. >> so let me first get to -- i'll get to the fiscal cliff but first want to get your reaction to the petraeus story. there are reports this morning that the fbi and the justice department knew about this over the summer, as early as over the summer, and some members of congress are complaining they didn't know about it. >> members of congress always wish they knew what was going on before they get informed of things. that's a typical complaint whenever the administration comes forward with something. i would say this, there's either a situation where the fbi believes there's a potential security breach or there is not. if they believed there was a potential security breach they probably should have informed members of congress so that something could be done about it or gotten petraeus out of his job. what we've heard so far is they didn't believe that there was a potential security breach, which leads to the question of why david petraeus ended up in the position he did. and i think the answer is, he decided to resign. it's not entirely clear to me t
good morning to you. >> good morning. >> so let me first get to -- i'll get to the fiscal cliff but first want to get your reaction to the petraeus story. there are reports this morning that the fbi and the justice department knew about this over the summer, as early as over the summer, and some members of congress are complaining they didn't know about it. >> members of congress always wish they knew what was going on before they get informed of things. that's a typical...
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fiscal cliff. we're now just five days away
fiscal cliff. we're now just five days away
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Nov 14, 2012
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we're talking about the fiscal cliff this morning. goldman sachs chairman and ceo has an op-ed this morning, called the business plan for the american revival. grab it right now if you haven't had a chance to read it. he talks about the stance of big business when it comes to the fiscal cliff debasement here is what he says, in part. relationships between the obama administration and business community, first of all, he says has been strained but the business community vigorously supports efforts to conclude a bipartisan fiscal accord. i believe tax increase, especially for the wealthiest, are appropriate, but only if they are joined by serious cuts in discretionary spending and entitlements. number of ceos and companies agree and support principles that call for a comprehensive and balanced solution to the debt problem, increased tax revenues and decreased spending. it's a fascinating op-ed. >> i generally don't like to associate myself with telling people to read lloyd blankfein op-eds, but it's really well written. it's not new. th
we're talking about the fiscal cliff this morning. goldman sachs chairman and ceo has an op-ed this morning, called the business plan for the american revival. grab it right now if you haven't had a chance to read it. he talks about the stance of big business when it comes to the fiscal cliff debasement here is what he says, in part. relationships between the obama administration and business community, first of all, he says has been strained but the business community vigorously supports...
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cliff this morning, maybe big ones. could the president's surprising new offer finally seal the deal to avoid tax hikes for most americans? >>> it's tuesday, december 18th, and a special edition of "starting point" live from newtown, connecticut, begins right now. good morning, welcome back. you're watching a special edition of "starting point" live from newtown, connecticut, where the third of 20 murdered children will be laid to rest today. the tragedy is reigniting the debate over gun control in the country and lawmakers might be ready to take action. president obama met with senior staff and cabinet members yesterday. he wants ideas including reinstating a ban on automatic weapons.'s sporting goods has suspended the sale of ar-15 rifles and other guns like it. in fact the modern sporting rifles section of its website is blank this morning. the company says out of respect for the victims and their families, we've removed all guns in our store nearest to newtown and suspend the sale of modern sporting rifles in all of
cliff this morning, maybe big ones. could the president's surprising new offer finally seal the deal to avoid tax hikes for most americans? >>> it's tuesday, december 18th, and a special edition of "starting point" live from newtown, connecticut, begins right now. good morning, welcome back. you're watching a special edition of "starting point" live from newtown, connecticut, where the third of 20 murdered children will be laid to rest today. the tragedy is...
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Nov 9, 2012
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that's my editorializing this morning. let's go back to the fiscal cliff. we also should get a little counter for the fiscal cliff. 53 days. christine's got an update on what it will mean if we hit it in 53 days. >> pretty alarming report out from the congressional budget office about this. it said in the post-election report on the fiscal cliff, it will lead to a recession and a spike in unemployment to 9.1%. congress, running out of time to prevent taxes rising for everyone and to prevent across-the-board 8% to 10% cuts for agencies like the fda, cdc, border patrol, education. the cdc director has said this, the reduction will risk costly and deadly spread of disease, and failures to prevent tragic and expensive health problems. every government agency is trying to figure out what these cuts will do to their ability to work for the people. the cbo also found that raising taxes just on the wealthy would not meaningfully hurt economic growth. quick check of the market right now. u.s. stock futures are mixed. the dow and the s&p 500 stock futures are down. n
that's my editorializing this morning. let's go back to the fiscal cliff. we also should get a little counter for the fiscal cliff. 53 days. christine's got an update on what it will mean if we hit it in 53 days. >> pretty alarming report out from the congressional budget office about this. it said in the post-election report on the fiscal cliff, it will lead to a recession and a spike in unemployment to 9.1%. congress, running out of time to prevent taxes rising for everyone and to...
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Nov 16, 2012
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steering clear of the fiscal cliff. president obama's drawn his line. will republicans now draw theirs? both sides faceface-to-face thi morning at the white house. good morning, everyone, welcome to "early start" i'm john berman. >> and i'm zoraida sambolin. let's get started. a summit on the nation's looming fiscal cliff begins in just a few hours from now. president obama, and four top congressional leaders will meet at the white house for talks. that raises the curtain on a six-week push to beat a january 1st deadline. if no deal is reached by then, $500 billion in tax increases and spending cuts simply start taking effect. cnn's jill dougherty is live in our washington bureau. boehner has said he is open to discussing revenue increases that don't involve racing tax rates. tax rates. but that is something many other gop house members have vigorously opposed. is there a sense that the tide may be turning at this point? >> well, at this point, i would -- i think you'd have to say that this is their opening gambit. it i
steering clear of the fiscal cliff. president obama's drawn his line. will republicans now draw theirs? both sides faceface-to-face thi morning at the white house. good morning, everyone, welcome to "early start" i'm john berman. >> and i'm zoraida sambolin. let's get started. a summit on the nation's looming fiscal cliff begins in just a few hours from now. president obama, and four top congressional leaders will meet at the white house for talks. that raises the curtain on a...
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mostly because of the fiscal cliff. the s&p 500, that's the best indicator for the stocks in your 401(k). it's fallen about 2.5% since election day. this week we're going to get several reports on the manufacturing sector. hopefully those will give us an update on how the economy is doing. maybe even draw ra tension away from the gridlock that we are seeing in washington over the fiscal cliff. >>> okay. add one more to the list. toys "r" us othering early on thanksgiving night at 8:00 p.m. eastern. it's an hour earlier than last year. the retailer says it's focusing on electronics sales including its own tablet devices for kids. target and walmart are following suit, opening earlier on thanksgiving night this year, as well. black friday, soledad, oh, so yesterday. it's thursday now. >> what is that brown thursday? crazy. >> i would never do that. tiki i'm going to ask you about the giants this weekend. i'm gonna. got to move on. still ahead this morning on "starting point," with national security ever put at risk becaus
mostly because of the fiscal cliff. the s&p 500, that's the best indicator for the stocks in your 401(k). it's fallen about 2.5% since election day. this week we're going to get several reports on the manufacturing sector. hopefully those will give us an update on how the economy is doing. maybe even draw ra tension away from the gridlock that we are seeing in washington over the fiscal cliff. >>> okay. add one more to the list. toys "r" us othering early on thanksgiving...
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Dec 10, 2012
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finally meeting face-to-face over the fiscal cliff. they sat down at the white house yesterday. neither side is discussing details. both agree the lines of communication remain open. massive tax hikes and spending cuts take hold in 22 days if the two leaders can't work out a deal. >> a busy day sunday at seattle city hall. 133 same-sex couples tied the knot. sarah and emily cover were among the first couples to get married. the same-sex couples married sunday in seattle were among the first to pick up their marriage licenses last thursday. the state required a three-day waiting period before ceremonies. >>> european union leaders are in oslo to receive the nobel peace prize. hundreds of protesters have been braving oslo's snow. the prize was meant to honor contributions to disarmament and eu member states account for a third of global arms exports. >> thanks, christine. >>> it is now 15 minutes after the hour. time for "early read," your local newsmaking national headlines. a big medical story in the "philadelphia enquirer." it's in a
finally meeting face-to-face over the fiscal cliff. they sat down at the white house yesterday. neither side is discussing details. both agree the lines of communication remain open. massive tax hikes and spending cuts take hold in 22 days if the two leaders can't work out a deal. >> a busy day sunday at seattle city hall. 133 same-sex couples tied the knot. sarah and emily cover were among the first couples to get married. the same-sex couples married sunday in seattle were among the...
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our starting point this morning, the fiscal cliff deadline now just 35 days away. this morning some republicans are talking about possibly taking back their pledge for no tax hikes. we'll talk about that change of heart with the man behind the pledge, grover norquist. >>> plus, egypt's movhamed mors gives himself unprecedented powers as cease fire talks between israel and hamas happen in this country today. will the controversy present a peace deal? >>> cyber monday is hereafter americans broke retail records at the stores this weekend. we're spending lots of money. how can you save? i'll tell you. >>> sports history. a college sophomore scores 138 points in a single basketball game. we're going to talk to jack taylor. he's going to tell us how he accomplished this ridiculous feat. >>> a packed show for you this morning. we'll talk with grover norquist with the americans for tax reform. and the one and only tony ben it. that's all ahead this morning, monday, november 26th. "starting point" begins right "starting point" begins right now. -- captions by vitac -- www.
our starting point this morning, the fiscal cliff deadline now just 35 days away. this morning some republicans are talking about possibly taking back their pledge for no tax hikes. we'll talk about that change of heart with the man behind the pledge, grover norquist. >>> plus, egypt's movhamed mors gives himself unprecedented powers as cease fire talks between israel and hamas happen in this country today. will the controversy present a peace deal? >>> cyber monday is...
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Dec 18, 2012
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good morning, john. >> that's right. there may be a ray of hope in the fiscal cliff discussions. overnight, we learned president obama gave some pretty serious ground in his proposal to john boehner. in his revised pitch, the president suggesting that tax rates would rise on incomes over $400,000. previously, he wanted higher taxes on households starting at $250,000 and offering new subpoenai i spending cuts. the president is now pand speak boehner, will meet with colleagues to update them on negotiations. it could be a difficult meeting. dan lathi ilothian in washingto appears within the last 24 hours, some real, concrete movement. >> that's right. the big question, can speaker boehner sell this proposal to house republicans? it was a big break through yesterday when speaker boehner met with president obama at the white house for 45 minutes and this is dramatic, because the president had held now for so long that taxes had to go up on households making more than 250,000 and now the president raising that ceiling to 400,000. in addition, the president looking for 1$1.2 trillion i
good morning, john. >> that's right. there may be a ray of hope in the fiscal cliff discussions. overnight, we learned president obama gave some pretty serious ground in his proposal to john boehner. in his revised pitch, the president suggesting that tax rates would rise on incomes over $400,000. previously, he wanted higher taxes on households starting at $250,000 and offering new subpoenai i spending cuts. the president is now pand speak boehner, will meet with colleagues to update...
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Dec 3, 2012
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could plunge off the fiscal cliff. this morning at least one republican is saying it's looking more like that's going to happen. after the plan laid out by the white house. >>> and she helped care for more than 140 children whose parents are behind bars in nepal. now she's got a new title. cnn hero of the year. cnn hero of the year. "newsroom" starting now. -- captions by vitac -- www.vitac.com >>> good morning. thank you so much for joining me. i'm carol costello. concern this morning that a young woman's death will be overshadowed by fame. by now, even if you're not a football fan, you know the name jovan belcher. you know he killed the mother of his child and then committed suicide. but what do we know about his girlfriend? his partner? the mother of his child, kasandra perkins? according to the kansas city star perkins and belcher were madly in love but argued of late. the star added many people knew that belcher owned guns and enjoyed shooting but they'd never known him to be violent. not even close. nbc's bob cos
could plunge off the fiscal cliff. this morning at least one republican is saying it's looking more like that's going to happen. after the plan laid out by the white house. >>> and she helped care for more than 140 children whose parents are behind bars in nepal. now she's got a new title. cnn hero of the year. cnn hero of the year. "newsroom" starting now. -- captions by vitac -- www.vitac.com >>> good morning. thank you so much for joining me. i'm carol costello....
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the fiscal cliff. but right now, that is what we believe to be going on right now. to the best of our abilities, we know that the house is thinking about this and there may be a vote sometime within the next hour or so. we will stay on top of this. i want to -- i'm going to bring in a congressman who is going to be voting on this. tim murphy from pennsylvania. right now, you're watching "outfront." we'll be right back. are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. [heart beating] [heartbeat continues] [heartbeat, music playing louder] ♪ i'm feeling better since you know me... ♪ announcer: this song was created with heartbeats of children in need. find out how
the fiscal cliff. but right now, that is what we believe to be going on right now. to the best of our abilities, we know that the house is thinking about this and there may be a vote sometime within the next hour or so. we will stay on top of this. i want to -- i'm going to bring in a congressman who is going to be voting on this. tim murphy from pennsylvania. right now, you're watching "outfront." we'll be right back. are you flo? yes. is this the thing you gave my husband? well,...
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stock futures are down this morning as fiscal cliff talks stall in washington. >> so here's the deal. you can see a delay in getting your tax refund next year unless congress moves on the fiscal cliff soon. this is going to hurt all of us. christine has details. >> we're already there. tax season starts in a couple weeks. you're going to start getting 1099s at the end of january and you have companies -- the government can't change in just one week or two weeks. if you're talking about having to make retro active tax changes, i mean it's really a mess. i want to talk about the amt in particular here. you know, the irs acting director warned congress about a real problem with not passing an amt patch. if the amt patch goes away, every year we patch this amt. amt was meant to make sure that rich people paid a minimum amount of tax now because of the way congress designed it in the infinite black wisdom. it gets middle class people every year. there is a patch to make sure you don't get slammed with amt. 30 million more people would pay the amt. 100 million tax refunds would be delayed.
stock futures are down this morning as fiscal cliff talks stall in washington. >> so here's the deal. you can see a delay in getting your tax refund next year unless congress moves on the fiscal cliff soon. this is going to hurt all of us. christine has details. >> we're already there. tax season starts in a couple weeks. you're going to start getting 1099s at the end of january and you have companies -- the government can't change in just one week or two weeks. if you're talking...
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the morning after his embarrassing fiscal cliff debacle at the hands of his own gop caucus, the speaker emerged with the understatement of the year. >> it's not the outcome that i wanted. that was the will of the house. >> reporter: rather than hold the vote and lose badly, the speaker abruptly pulled his plan b. john boehner's strategy had been to protect republicans from political blame if everyone's taxes go up january 1st. boehner's republican allies lashed out at colleagues who rebucked their speaker. >> it weakens the entire republican party, the republican majority. it's the continuing dumbing down of the republican party and we are going to be suing for more and more as a bunch of extremists. >> reporter: what made the speaker sting even worse was his conference hours earlier. >> you stood here earlier and expressed confidence that you were going to pass that bill. >> sure did. >> reporter: what went wrong? >> we have -- listen, there was a perception created that that vote last night was going to increase taxes. >> reporter: that's why democratic sources tell cnn, one emerging
the morning after his embarrassing fiscal cliff debacle at the hands of his own gop caucus, the speaker emerged with the understatement of the year. >> it's not the outcome that i wanted. that was the will of the house. >> reporter: rather than hold the vote and lose badly, the speaker abruptly pulled his plan b. john boehner's strategy had been to protect republicans from political blame if everyone's taxes go up january 1st. boehner's republican allies lashed out at colleagues who...
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let's get up to date on the mornings top stories. fiscal cliff talks getting ugly. the president is trying to sell his plan. republicans are furious. house speaker john boehner telling reporters the president needs to get serious. >>> former president, george h.w. bush is in stable condition this morning in a houston hospital. he was admitted a week ago and being treated for bronchitis. he's expected to be released in the next few days. he is 88 years old. >>> scientists report the mile thick ice sheets that cover greenland and antarctica are melting. we have lost tons of ice in the last 20 years raising the sea level by 7/16 inch. >>> thursday night football action. falcons in atlanta. they got off to a 17-0 lead before the saints scored a single point. atlanta defense had a good night. five interceptions. falcons go on to win it. they are now 11-1 on the year. atlanta could clench the nfc south if they lose to denver on sunday. >> all right. she's bruised, but not broken. coming up, inside lady liberty for a look at the damage left behind by sandy to see what need
let's get up to date on the mornings top stories. fiscal cliff talks getting ugly. the president is trying to sell his plan. republicans are furious. house speaker john boehner telling reporters the president needs to get serious. >>> former president, george h.w. bush is in stable condition this morning in a houston hospital. he was admitted a week ago and being treated for bronchitis. he's expected to be released in the next few days. he is 88 years old. >>> scientists...
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Nov 28, 2012
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only you can avoid the fiscal cliff. talk back question today, will the president's fiscal cliff road tour work? have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. for the latest smartphone. you wanna see if walmart has the same phone, for less? let's see! samsung galaxy s3 --- you could save over $50. no way! and -- you get a $100 gift card. are you serious?! yes! see for yourself how much you can save on the smartphones you want for christmas. walmart. up high! ok. don't you have any usefull apps on that thing? who do you think i am, quicken loans? ♪
only you can avoid the fiscal cliff. talk back question today, will the president's fiscal cliff road tour work? have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of...
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futures are up slightly this morning. the fiscal cliff tango continues. meanwhile the irs is warning the fiscal cliff could wreak havoc on the tax system unless congress acts soon. in particular, this alternative minimum tax patch is a real problem. it's legislation that prevents middle class earners from getting slammed with a higher tax bill. every year congress extends a patch. the amt patch expires at the ending of this year. so unless congress acts before december 31st, 30 million taxpayers could pay higher taxes as a result and 100 million tax return filings and refunds could be delayed. tax season begins in just a couple of weeks and they still haven't figured this out. home values grew 2.5% over the last year. the biggest annual increase in home prices since 2006. zillo has these numbers. the last time home values stood where they are now, may, 2004. we're going to get existing home sales data at 10:00 a.m. eastern. what i can tell you about home prices in the year, you guys, is if you live in schifchicago, at, philly or new york, home prices did
futures are up slightly this morning. the fiscal cliff tango continues. meanwhile the irs is warning the fiscal cliff could wreak havoc on the tax system unless congress acts soon. in particular, this alternative minimum tax patch is a real problem. it's legislation that prevents middle class earners from getting slammed with a higher tax bill. every year congress extends a patch. the amt patch expires at the ending of this year. so unless congress acts before december 31st, 30 million...
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where it ends depends on the fiscal cliff. i asked the ceo of fedex how companies plan ahead when washington is so dysfunctional. >> i think most of the ceos look at the situation in washington with a complete amazement and dismay to be frank about it. the problem is the ideological pinnings on both sides of this argument are so difficult to bridge that it's going to be hard for them to get a deal. >> on twitter yesterday, the president was asked by a ho homeowner whether that popular tax break for mortgage interest will die. the president tweeted breaks for middle class important for families and economy. if top rates don't go up, danger that middle class deductions get hit. and he signed the tweet b.o. we mean, everybody, the president, barack obama, actually wrote that one. our money embroiled in fiscal cliff. >>> still ahead on "starting point," what's next for hillary clinton when she leaves the administration. mayor clinton? >> probably not. >> new york city is looking for a mayor. >> maybe something with a little more b
where it ends depends on the fiscal cliff. i asked the ceo of fedex how companies plan ahead when washington is so dysfunctional. >> i think most of the ceos look at the situation in washington with a complete amazement and dismay to be frank about it. the problem is the ideological pinnings on both sides of this argument are so difficult to bridge that it's going to be hard for them to get a deal. >> on twitter yesterday, the president was asked by a ho homeowner whether that...
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this morning the clock ticking louder. the nation inching closer to this fiscal cliff. we could be just hours away from seeing all of our paychecks shrink. we're following all the last minute drama to avoid that, of course. brianna keilar is covering this morning's urgent talks happening in washington. christine romans is here to talk about the impact first, and alison kosik with how investors are reacting this hour. >>> first, another story. the health condition of the nation's top diplomat. this morning secretary of state hillary clinton is waking up now in a new york hospital. she is being treated for a blood clot that formed after her fall and concussion that happened a few weeks ago. want to bring in dr. sanjay gupta, our chief medical correspondent. sanjay, explain this for us because, first of all, when you think about it, she developed this blood clot related to a concussion. you would think maybe the clot formed in the brain, but that's not necessarily the case. >> no, it's not necessarily the case. and i think saying it's related to the concussion, that may be
this morning the clock ticking louder. the nation inching closer to this fiscal cliff. we could be just hours away from seeing all of our paychecks shrink. we're following all the last minute drama to avoid that, of course. brianna keilar is covering this morning's urgent talks happening in washington. christine romans is here to talk about the impact first, and alison kosik with how investors are reacting this hour. >>> first, another story. the health condition of the nation's top...
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new this morning, you know the senate passed that plan which may keep our fall off the fiscal cliff. >> it will be a short one. the plan keeps the bush era tax cuts in place for individuals earning less than 400,000 and couples earning less than $450,000. the house meets later. all eyes on the house of representatives. >>> civil rights activists known as the wilmington ten have been
new this morning, you know the senate passed that plan which may keep our fall off the fiscal cliff. >> it will be a short one. the plan keeps the bush era tax cuts in place for individuals earning less than 400,000 and couples earning less than $450,000. the house meets later. all eyes on the house of representatives. >>> civil rights activists known as the wilmington ten have been
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Dec 26, 2012
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to try to head off the physical -- the fiscal cliff. you know what i'm saying. the president and first lady michelle obama visited marines and thanked them for their service. >> the greatest honor i have as president is being commander in chief and the reason it's an honor is because not only do we have the finest military in the world but we also have the finest fighting men and women in the world. >> mrs. obama and the girls won't cut short their vacation. they're staying on in hawaii. >>> former braves great andruw jones free on a bond in atlanta on a battery charge. there was a domestic dispute between he and his wife. the center fielder played with the new york yankees last year and recently signed with a team in japan. >>> the city of los angeles is holding its annual gun buyback today, several months ahead of schedule. the buyback program allows anyone to bring in guns and rifles in exchange for gift cards. the event is usually held in may but was changed to today in response to the connecticut school shootings nearly two weeks ago. we'll talk about that
to try to head off the physical -- the fiscal cliff. you know what i'm saying. the president and first lady michelle obama visited marines and thanked them for their service. >> the greatest honor i have as president is being commander in chief and the reason it's an honor is because not only do we have the finest military in the world but we also have the finest fighting men and women in the world. >> mrs. obama and the girls won't cut short their vacation. they're staying on in...
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Dec 5, 2012
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our "starting point" this morning, president obama says he will not bend in this fiscal cliff debate. americans face the prospect of severe tax hikes, spending cuts if republicans and democrats can't get together to work out some deal. congress breaks for the holidays in ten days. if they don't extend that, it will be ten days from then that we fall off the fiscal cliff. >> if we're going to be serious about reducing our deficit while still being able to invest in things like education and research and development that are important to our growth and if we're going to protect middle class families, then we're going to have to have higher rates for the wealthiest americans, folks like me. >> white house correspondent dan loa lothian is in washington, d.c. this morning. so who has the ball? and whose court is it in at this point? >> reporter: first of all, we know that house gop had that counter offer, which white house spokesman jay carney has referred to as, quote, magic beans and fairy dust. we expect for republicans to put pressure on the white house to engage. in addition to that,
our "starting point" this morning, president obama says he will not bend in this fiscal cliff debate. americans face the prospect of severe tax hikes, spending cuts if republicans and democrats can't get together to work out some deal. congress breaks for the holidays in ten days. if they don't extend that, it will be ten days from then that we fall off the fiscal cliff. >> if we're going to be serious about reducing our deficit while still being able to invest in things like...
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. >> the clock ticks down to the so-called fiscal cliff. >> closer than ever going over the fiscal cliff. >> the fiscal cliff negotiations are going no where. >> president obama may not have gotten a fiscal cliff deal, but keeping up the media pressure this sunday morning with an interview op"meet the press." we'll take a look. >>> from the david petraeus scandal to the trayvon martin tragedy. the media's performance in 2012, we'll have a report card. i'm howard kurtz and this is "reliable sources." >>> it was a striking moment when david gregory brandished that high ammunition magazine last sunday so much so we played it on this program. but that braumpted a d.c. police whether he violated the city's gun laws, one controversy that they fuind under assault. and eric who blogs about the media for "washington post." simple question, eric, should david gregory be prosecuted? >> well, i think he should be investigated. i'll leave that up to the prosecutors. but i definitely do believe unlike greta van susstrn and unlike you. >> and the "wall street journal" page. >> it turns out the district
. >> the clock ticks down to the so-called fiscal cliff. >> closer than ever going over the fiscal cliff. >> the fiscal cliff negotiations are going no where. >> president obama may not have gotten a fiscal cliff deal, but keeping up the media pressure this sunday morning with an interview op"meet the press." we'll take a look. >>> from the david petraeus scandal to the trayvon martin tragedy. the media's performance in 2012, we'll have a report card....
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three days from possibly going over the fiscal cliff. it's our focus this morning. if lawmakers fail to reach a deal, that would mean spending cuts and tax hikes for 88% of all american households come tuesday. look at these numbers from the tax policy center. some of the poorest americans who make up to $20,000 a year, will have to shell out $412 more to the irs and everyone earning more than $40,000 a year will be affected. if you make $40,000 to $64,000, you'll pay almost $2,000 a year, if you make between $64,000 to $108,000, that jumps up to 3,500. and anybody making more than $108,000, yeah, you'll have to give up a little more than $14,000. overall, the average american will pay more than $3,500 a year. will lawmakers be able to pull off a deal before the new year? here's cnn chief correspondent ali velshi. >> alison, i have no idea whether we'll get a fiscal cliff deal done or not. i do have a pretty good idea as to how we got into this gigantic pickle in the first place. >> now we've passed a bold package of tax relief for america's families and businesses.
three days from possibly going over the fiscal cliff. it's our focus this morning. if lawmakers fail to reach a deal, that would mean spending cuts and tax hikes for 88% of all american households come tuesday. look at these numbers from the tax policy center. some of the poorest americans who make up to $20,000 a year, will have to shell out $412 more to the irs and everyone earning more than $40,000 a year will be affected. if you make $40,000 to $64,000, you'll pay almost $2,000 a year, if...
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one to the new year, the other is to the painful fall off the fiscal cliff. democrats and republicans went to the bull pen on sunday, calling in their so-called closers. here is one, here is the other. vice president joe biden and senate minority leader mitch mcconnell. john boehner not in this, nancy pelosi isn't in this, not even the president. the house reconvenes at 10:00, the senate at 11:00, bright and early. sarcastic. neither of them showing particular signs of progress. >> these two worked together in the senate for 20 years. so you hope -- >> in fairness, the houses are not convening. these guys are not working. i don't care if it doesn't play out in the media. the big stumbling block has been avoided. republicans dropped their demand to reduce social security cost of living increases. >> i was really gratified to hear republicans had taken the demand for social security benefits off the table. truth is, they never should have been on the table to begin with there is still significant distance between the two sides, but negotiations continue. >> the
one to the new year, the other is to the painful fall off the fiscal cliff. democrats and republicans went to the bull pen on sunday, calling in their so-called closers. here is one, here is the other. vice president joe biden and senate minority leader mitch mcconnell. john boehner not in this, nancy pelosi isn't in this, not even the president. the house reconvenes at 10:00, the senate at 11:00, bright and early. sarcastic. neither of them showing particular signs of progress. >> these...
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Dec 29, 2012
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fiscal cliff. what will lawmaker do to save you from more taxes and fewer benefits? >>> the littlest pawns in a political fight. we'll talk to one woman whose hopes for adopting a russian son may have just been shattered. >>> and they're back. kathy griffin and anderson cooper ringing in new year's eve. but why was kathy's make itted on "a.c.'s" -- naked on "a.c.'s" couch? we'll explain. >>> good morning, it's 10:00 on the east coast, 7:00 on the west coast. i'm alison kosik. randi kaye is off today. we're just three days away from possibly crossing over the fiscal cliff. for the first time in weeks, there's some hope coming from washington. senate leaders are negotiating a deal they hope can go to a vote, go to a vote soon. cnn radio capitol hill correspondent lisa desjardins is in washington. you were on thrill yesterday for the political action between president obama, between congressional leaders. they sound more optimistic, at least president obama does. do you think we're any closer to a dea
fiscal cliff. what will lawmaker do to save you from more taxes and fewer benefits? >>> the littlest pawns in a political fight. we'll talk to one woman whose hopes for adopting a russian son may have just been shattered. >>> and they're back. kathy griffin and anderson cooper ringing in new year's eve. but why was kathy's make itted on "a.c.'s" -- naked on "a.c.'s" couch? we'll explain. >>> good morning, it's 10:00 on the east coast, 7:00 on the...
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Dec 14, 2012
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stock futures up slightly this morning, worries about the fiscal cliff persist. they undermine any kind of small gains we get. s & p 500, snapped a six-day winning streak because of those concerns about the fiscal cliff and despite modestly updated business data. congress failed to reach a deal on the cliff? 2 million long life term unemployment americans will see jobless benefits disappear the first week of january. another million will lose them the next week. those who are out of work 40 weeks or longer, that make up 40% of the unemployed population. as you might expect, federal jobless benefits, a crucial lifeline for those who have been out of work 40 weeks or more and are waiting for the economy to start create enough jobs to absorb them back in call it the payroll tax cliff. of all of the tax issues being negotiated, one many middle class families will feel. the payroll tax holiday. money that comes directly from the paycheck it funds payrolls and social security. the last two years, workers paying a rate of 4.2% of their earnings, up to 110,000 or so into
stock futures up slightly this morning, worries about the fiscal cliff persist. they undermine any kind of small gains we get. s & p 500, snapped a six-day winning streak because of those concerns about the fiscal cliff and despite modestly updated business data. congress failed to reach a deal on the cliff? 2 million long life term unemployment americans will see jobless benefits disappear the first week of january. another million will lose them the next week. those who are out of work 40...
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Nov 7, 2012
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let's talk a little bit about fiscal cliff with ali develvelsd christine romans. we talk about fiscal cliff but really it's about jobs ultimately. >> it is. >> if we go off the fiscal cliff we lose jobs. >> we want job creation. everybody wants that. near-term crisis right now is job destruction that would happen under the fiscal cliff. john boehner has called for a press conference at 3:30 this afternoon to outline the next steps on fiscal cliff. we know this is the first order of business from the house side. the president has to get going on this. it is a jobs story. >> you don't get jobs unless you have economic growth, which is demand and more people employed. it is directly connected to jobs and your taxes. those are the two things that happen immediately. i think chris van hollen made interesting points. there's no question that the problem on taxes and the fichlt scal cliff lives in congress, in the house of representatives and largely with republicans. as we were traveling around the country, people do not hold democrats in congress blameless for this. th
let's talk a little bit about fiscal cliff with ali develvelsd christine romans. we talk about fiscal cliff but really it's about jobs ultimately. >> it is. >> if we go off the fiscal cliff we lose jobs. >> we want job creation. everybody wants that. near-term crisis right now is job destruction that would happen under the fiscal cliff. john boehner has called for a press conference at 3:30 this afternoon to outline the next steps on fiscal cliff. we know this is the first...
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and oh, that fiscal cliff is still there. >>> so mitt romney has some
and oh, that fiscal cliff is still there. >>> so mitt romney has some
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Nov 7, 2012
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one analyst telling me this morning, soledad, if there's no resolution on this fiscal cliff, stocks will plummet and the economy will drowned in quicksand. >> that's just doom and gloom. alison kosik for us this morning. thank you for that update. >>> we want to take you no you to miami, florida. still a state in yellow. we have not yet projected florida. ashleigh banfield is there. you were dealing with long lines yesterday. today there's a hold up. what's the hold up, ashleigh? >> well, soledad, it wouldn't be florida if there wasn't a hold up. you're right. and the hold up is the counting, unfortunately. what a strange notion. what do you do in florida when you wake up in the morning and you know that your state is the only state that hasn't made a decision and the rest of the country moved on without you? you order brunch on miami beach at the news cafe and you wait and wait and wait until south florida can count all those absentee ballots dumped on them last night, u.s. post delivering them and then opening every ballot, scan ining every ballot checking, verifying and counting. it's
one analyst telling me this morning, soledad, if there's no resolution on this fiscal cliff, stocks will plummet and the economy will drowned in quicksand. >> that's just doom and gloom. alison kosik for us this morning. thank you for that update. >>> we want to take you no you to miami, florida. still a state in yellow. we have not yet projected florida. ashleigh banfield is there. you were dealing with long lines yesterday. today there's a hold up. what's the hold up, ashleigh?...